Ticker

6/recent/ticker-posts

Header Ads Widget

BREAKING: Reps pass N21.83trn 2023 budget

 

The house of representatives has passed N21.83 trillion as budget for the 2023 fiscal year.


The appropriation bill was passed by the lower legislative chamber on Wednesday after Muktar Betara, chairman of the committee on appropriations, presented a report.


The budget was also increased by N1.33 trillion.


Out of the figure passed, N6,557,597,611,797 is for debt service; N8,329,370,195,637 is for recurrent (non-debt) expenditure; while the sum of N 5,972,734,929,421 is for contribution to the development fund for capital expenditure.


In October, 2022, President Muhammadu Buhari presented N20.51 trillion 2023 budget proposal to the national assembly.


More details shortly..

Do you have any information or event for ABUJAPRESS to publish or cover? Kindly Call us on +2349075556668 or send us message on Whatsapp number +2348037780342 or send us an email [email protected]

Post a Comment

0 Comments